ARKK vs. TSL ETF Comparison
Comparison of ARK Innovation ETF (ARKK) to GraniteShares 1.25x Long Tesla Daily ETF (TSL)
ARKK
ARK Innovation ETF
ARKK Description
The investment seeks long-term growth of capital. The fund is an actively-managed exchange-traded fund ("ETF") that will invest under normal circumstances primarily (at least 65% of its assets) in domestic and foreign equity securities of companies that are relevant to the fund's investment theme of disruptive innovation. Its investments in foreign equity securities will be in both developed and emerging markets. The fund currently intends to use only American Depositary Receipts ("ADRs") when purchasing foreign securities. It is non-diversified.
Grade (RS Rating)
Last Trade
$48.19
Average Daily Volume
5,561,751
32
TSL
GraniteShares 1.25x Long Tesla Daily ETF
TSL Description
TSL is a short-term tactical tool that aims to deliver 1.25x the price return, less fees and expenses, for a single day of Tesla stock. Purchasers holding shares for longer than a day will need to monitor and rebalance their position frequently to attempt to achieve the 1.25x multiple. Aside from the leverage, compared to traditional ETFs, the shares take on added volatility due to the lack of diversification. Purchasers should conduct their own individual stock research prior to initiating a position and trade with conviction. Due to the complexities of the product, shares tend to perform as anticipated only when the underlying shares are trending and holders are on the positive corresponding side of that trade. However, the shares provide the advantage of capping the maximum loss to the full amount investedGrade (RS Rating)
Last Trade
$10.20
Average Daily Volume
346,892
1
Performance
| Period | ARKK | TSL |
|---|---|---|
| 30 Days | 3.52% | -0.10% |
| 60 Days | 15.87% | 23.04% |
| 90 Days | 22.09% | 37.47% |
| 12 Months | 21.17% | -32.54% |
1 Overlapping Holdings
| Symbol | Grade | Weight in ARKK | Weight in TSL | Overlap | |
|---|---|---|---|---|---|
| TSLA | B | 14.37% | 117.88% | 14.37% |
ARKK Overweight 31 Positions Relative to TSL
| Symbol | Grade | Weight | |
|---|---|---|---|
| ROKU | D | 10.64% | |
| COIN | C | 8.31% | |
| RBLX | B | 6.08% | |
| PLTR | A | 5.47% | |
| HOOD | B | 4.92% | |
| SQ | C | 4.84% | |
| CRSP | C | 4.61% | |
| SHOP | B | 3.85% | |
| PATH | D | 2.9% | |
| META | B | 2.59% | |
| PD | D | 2.4% | |
| NTLA | F | 2.25% | |
| TXG | F | 2.24% | |
| DKNG | D | 2.18% | |
| RXRX | D | 2.1% | |
| TTD | B | 1.92% | |
| TWST | D | 1.89% | |
| VCYT | A | 1.74% | |
| TER | F | 1.68% | |
| BEAM | F | 1.61% | |
| U | C | 1.59% | |
| PINS | C | 1.42% | |
| SOFI | A | 1.39% | |
| AMD | F | 1.34% | |
| AMZN | A | 1.14% | |
| ACHR | C | 0.93% | |
| PACB | D | 0.68% | |
| NTRA | C | 0.58% | |
| CERS | F | 0.35% | |
| PRME | C | 0.17% | |
| MRNA | F | 0.13% |
ARKK Underweight 0 Positions Relative to TSL
| Symbol | Grade | Weight |
|---|
ARKK: Top Represented Industries & Keywords
TSL: Top Represented Industries & Keywords
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